The rising cost of healthcare? Read this...

[SunnyD]

Article from the Syracuse Post-Standard about one of New Yorks largest health coverage organizations.

Cliff Notes:

Profits for the area's largest health insurer nearly doubled last year while it was imposing double-digit rate increases on members for the fifth consecutive year.

[...]

The report also showed Excellus paid four executives more than $1million last year. At the top of the list is Howard Berman, vice chairman, who took home $1.6 million last year. The company also paid $1.27 million to David Klein, president and CEO; $1.17 million to Emil Duda, executive vice president; and $1.08million to Arthur Goshin, adviser to the CEO.

Another 58 Excellus employees made more than $200,000.

 

[HappyPuppy]

Good for them. They deserve every penny they can get just like you and I. So, what's the problem?

 

[ReiAyanami]

Cable rates rise by 13% annually or 1300% inflation.
Healthcare rises by double digits.
Higher education/college tuition rises by 9% (or 30% in cali).

Gasoline prices are at a 13yr high.

Makes you wonder why inflation is so low.

THE LAST CYCLE OF MARX IS WHEN ALL INDUSTRY HAS CONSOLODATED INTO MONOPOLY
LEAVE NO BILLIONAIRE BEHIND

 

[Ameesh]

dont use them if you dont like their policies. its as simple as that. no one put a gun to your head to carry insurance with them. if they loose all their customers because of price i guarentee that they will lower prices.

 

[AccruedExpenditure]

It's the health care suppliers (equip and supplies) you need to be worried about.

 

[virtueixi]

Frivolous lawsuits cost $28 billion a year.